Blank Check Preferred Stock

0.02 sec.

This is stock over which the board of directors has broad authority to determine voting, dividend, conversion, and other rights. While it can be used to enable a company to meet changing financial needs, its most important use is to implement poison pills or to prevent takeovers by placement of this stock with friendly investors.

Blank Check Preferred Stock

An amendment to the charter of a publicly-traded company allowing the board of directors to issue new preferred stock without shareholder approval. Blank check preferred stock is usually an anti-takeover measure.

How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
Blank Stock			Approved an amendment to the Company's Certificate of Incorporation to authorize the issuance of up to 50,000,000 shares of blank check preferred stock - Increase in Number of Shares of Authorized Common Stock. ADVR Announces Stockholders Meeting Results by Business Wire The authorization of the blank check Preferred Stock and the 1 for 25 reverse stock split was effected on March 15, 2002. TeraGlobal Announces ``Going Private'' Transaction; Common ... by Business Wire On the amendment to authorize the issuance of 10 million shares of blank check preferred stock -- 9,722,092 shares were in favor, 379,640 opposed, and 74,035 abstained. Netrom Inc. Shareholders Approve Stock Changes Needed to Begin ... by Business Wire			Black Market Exchange Rate black mold Black Monday Black Money Black Plate Black Scholes Model Black Thursday Black Tuesday Black Wednesday Black's Guide Black-Box Accounting Black-Derman-Toy Model Black-Plate Change Black-Scholes Option-Pricing Model Blackacre Blackberry Blackboard Trading Blackmail Blackout Blackout Period blacktop Blair House Agreement Blank Bill Blank Check Blank Check Offering Blank Check Preferred Stock Blank Stock Blank Transfer Blank-Check Company blanket Blanket Appropriation Blanket Bond Blanket Certificate of Origin Blanket Certification Form Blanket Contract Blanket Crime Policy Blanket Fidelity Bond Blanket Honesty Bond Blanket Insurance Blanket inventory lien Blanket Lien Blanket Limit Blanket Medical Expense Insurance Blanket Mortgage Blanket Position Bond Blanket Purchase Order Blanket Rate Blanket Recommendation Blankozesion Bleed Bleed Ad			blank allele Blank Alternate Code Word blank arcade Blank bar Blank bar Blank Bill Blank Bills blank bit Blank Canvas Name Blank Carbon Copy blank carburizing blank cartridge blank cartridge blank cartridge blank cartridge blank cartridges blank cartridges blank cartridges blank cartridges blank casing blank cell blank character blank check blank check blank check Blank Check Companies Blank check company Blank check company Blank check offering Blank Check Offerings Blank Check Preferred Stock Blank Check Preferred Stocks blank checks blank checks blank cheque blank cheque blank cheques blank cheques Blank deed Blank Detail Specification Blank door Blank door Blank Endorsed Blank Endorsed blank endorsement blank endorsement blank endorsement Blank Endorsements Blank Endorsements Blank Facial Expressions Blank Fidelity Bond Blank Fidelity Bonds Blank Firing Adapter Blank Firing Attachment Blank Firing Impact Grenade blank flange blank form blank holder Blank indorsement Blank indorsement blank jamb

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup \| Partner with us

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.